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2025 California Code
Financial Code - FIN
DIVISION 3 - CHECK SELLERS, BILL PAYERS, AND PRORATERS
CHAPTER 4 - Licensee Regulations
Section 12316.
Universal Citation:
CA Fin Code § 12316 (2025)
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12316. If a prorater contracts for, receives or makes any charge in excess of the maximum permitted by this division, except as the result of an accidental and bona fide error, the prorater’s contract with the debtor shall be void and the prorater shall return to the debtor all charges received from the debtor.
(Added by Stats. 1957, Ch. 498.)
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